#bluewave
Consumer confidence rose in September, notching its highest level in about 18 years.
The Consumer Board's index rose to 138.4 this month from 134.7 in August. Economists polled by Reuters expected consumer confidence to dip to 132.
"Consumers' assessment of current conditions remains extremely favorable, bolstered by a strong economy and robust job growth," said said Lynn Franco, director of economic indicators at the Conference Board. "These historically high confidence levels should continue to support healthy consumer spending, and should be welcome news for retailers as they begin gearing up for the holiday season."
Franco added September's index print is near the all-time high of 144.7 reached in 2000.
https://www.cnbc.com/2018/09/25/consumer-confidence-september.html
Consumer confidence rose in September, notching its highest level in about 18 years.
The Consumer Board's index rose to 138.4 this month from 134.7 in August. Economists polled by Reuters expected consumer confidence to dip to 132.
"Consumers' assessment of current conditions remains extremely favorable, bolstered by a strong economy and robust job growth," said said Lynn Franco, director of economic indicators at the Conference Board. "These historically high confidence levels should continue to support healthy consumer spending, and should be welcome news for retailers as they begin gearing up for the holiday season."
Franco added September's index print is near the all-time high of 144.7 reached in 2000.
https://www.cnbc.com/2018/09/25/consumer-confidence-september.html
